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Dartmoor Inn and Hotel with 9 Letting Rooms and Owner's Cottage in Postbridge Devon

Postbridge, Devon, ID 212566

Dartmoor Inn and Hotel with 9 Letting Rooms and Owner's Cottage in Postbridge Devon 1
Dartmoor Inn and Hotel with 9 Letting Rooms and Owner's Cottage in Postbridge Devon 1
Asking price:
GBP£150 000
Turnover (per year): £9 202 860 gbp
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Description

The East Dart Hotel is a famous and historic Dartmoor coaching inn with origins dating back to 1862. The property comprises a substantial detached building of predominantly stone construction with rendered and painted elevations under pitched slate roofs, and briefly comprises 9 high quality en-suite letting bedrooms, bar and restaurant (40 covers), tea room/dining room (30 covers), games room, and a commercial catering kitchen. There is also an owner’s detached cottage with 3 double bedrooms, an 8-bed bunk room, and a further en-suite letting bedroom, currently used for staff accommodation.The business is set within extensive gardens and grounds extending to approximately 2½ acres, incorporating 2 paddocks, attractive beer gardens, and outdoor seating areas with a pizza kitchen, customer car park, stabling, and outbuildings. As with the majority of business premises within Dartmoor National Park, the East Dart Hotel is subject to the terms of a Duchy lease, with full details available upon request.SITUATIONThe East Dart Hotel is located in virtually the centre of Dartmoor National Park and is ideally situated for those seeking a versatile, multi-faceted business and family home set within 365 square miles of open wilderness. The property occupies a prominent and highly visible trading position adjacent to the B3212, one of the main arterial routes across Dartmoor National Park.It is situated in the popular village of Postbridge, approximately 8 miles from Moretonhampstead, 12 miles from Tavistock, 6 miles from Princetown, 7 miles from Chagford, and 6 miles from Widecombe in the Moor. Postbridge is a well-known tourist destination and year-round visitor attraction, renowned for its ancient clapper bridge. Nearby is the historic Wistman’s Wood, an ancient area of Dartmoor woodland.The area has a rich cultural and historical background. Sir Arthur Conan Doyle is believed to have drawn inspiration from the region when writing The Hound of the Baskervilles, while numerous Bronze Age and Stone Age settlements remain visible throughout the moor. Surrounded by scenic landscapes and wildlife, Postbridge is a prime base for exploring the surrounding countryside and enjoying a wide range of outdoor and equestrian activities.INTERNAL DETAILSEntrance doors to the front and rear lead into the bar and restaurant area, a characterful space with a mix of wood block, tiled, and carpeted flooring, exposed stone and wood panelled walls, exposed ceiling timbers, and a stone fireplace with wood burning stove. The bar comfortably seats approximately 40 customers with freestanding tables and chairs.The bar servery is fitted with display shelving, glass fronted bottle fridges, EPOS till system, and glass washer. Adjacent is a still room with coffee machine and stainless steel sink, beer cellar with temperature control, and bottle store.The games room includes stripped wood flooring, pool table area, and darts oche. The tea room/dining room offers seating for approximately 30 covers with feature fireplace, wood burner, panelled walls, and decorative lighting.Further accommodation includes ladies and gentlemen’s WC facilities, staff WC, boiler room, office, laundry room, and a fully fitted commercial catering kitchen equipped with a 6-burner range, extraction system with gas interlock, fryers, grills, refrigeration units, combi oven, stainless steel work surfaces, serving gantry, walk-in fridge and freezer, and wash-up area with commercial dishwasher.LETTING ACCOMMODATIONThe first floor provides 9 high quality en-suite letting bedrooms, each with televisions, Wi-Fi, and tea and coffee making facilities. The accommodation includes 2 superior king rooms, 3 double rooms, 1 twin room, 2 single rooms, and 1 family room sleeping up to 4 guests in interconnecting rooms. Additional facilities include laundry area, linen room, and storeroom.There is also an 8-bed bunk room with en-suite shower room and a further double en-suite staff or letting bedroom, each with independent access.EXTERNAL DETAILSThe property extends to approximately 2½ acres of grounds, including 2 paddocks. To the front is a terrace seating area for approximately 24 customers, customer car park, and enclosed lawned beer garden with seating for 50 customers.To the rear is a trade patio garden seating approximately 40 customers and an outdoor kitchen hut with wood fired pizza oven. Additional parking, stabling facilities, 2 detached barns, double car port, 4 loose boxes, foaling stall, and tack room are also included.PRIVATE ACCOMMODATIONA detached cottage to the rear provides self-contained owner’s accommodation, comprising kitchen/breakfast room, lounge/dining room with feature fireplace, 3 double bedrooms (one en-suite), office, and family bathroom.THE BUSINESSThe East Dart Hotel is a well regarded and characterful coaching inn which has been extensively refurbished over a 4 year period of ownership. The property is well presented throughout following a sympathetic programme of refurbishment internally and externally. It is a landmark destination hotel and public house in the heart of Dartmoor National Park, with a strong reputation for quality letting accommodation supported by online booking platforms.The business has further untapped potential across all trading areas and represents an opportunity to expand income streams significantly. It benefits from strong online ratings, including a 9.3 out of 10 rating on Booking.com and a 2026 Tripadvisor Travellers' Choice Awards 2026 recognition.TRADING INFORMATIONAccounts for the year ending February 2025 show sales of £177,055 net of VAT. Further financial information is available following a formal viewing appointment.EPCD - 88.BUSINESS RATES£21,500 in the 2026 rating list (not the amount payable).SERVICESOil fired heating, mains electricity, private spring water supply, private drainage, and LPG gas for cooking and private accommodation heating.PRICE AND TENURE£150,000 for the Duchy leasehold interest as a going concern business including full trade inventory. Wet and dry stock to be purchased additionally at valuation. Vacant possession upon completion.The property is held on the terms of a Duchy lease granted in September 2017 for a term of 38 years, with rent reviews every 3 years. Current rent is £21,000 plus VAT per annum payable quarterly in advance. A rent deposit equivalent to six months’ rent is required.

Details

Real Estate: Lease
Asking price: 150 000 gbp
Turnover (per year): 9 202 860 gbp
Rent (per year): 21 000 gbp

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